According to a senior official at the Dubai-based business conglomerate, ETA-Ascon, the company plans to enter ship-building activities and is also considering undertaking the management of a government-owned shipyard in India and…

STX Engine has developed an engine with a NOx exhaust level of 7.5g/kWh or less by improving the existing STX-MAN B&W 8L21/31 model. In December last year, this engine successfully completed its…

China recently delivered its largest PCTC (pure car truck carrier) to Zodiac Shipping Ltd. Named ?Morning Miracle?, the 45,000gt ship was designed and built by Xiamen Shipbuilding Industry and is the first…

The Dubai-based ETA-Ascon, a diversified group, plans to buy 76 new ships to expand the size of its fleet to 100 in five years. The total investment involved in this order will…

The first phase of the Vietnam Shipbuilding Industry Corporation (Vinashin)?s $6.9 million shipyard was formally opened in the central Phu Yen province. The six-hectare plant, located in Tuy Hoa city?s Phu Lam…

Italian shipowner, Siba Ships, has declared an option on a second livestock carrier under construction at Labroy Shipyard in Singapore. This second vessel will be a sister-ship to Hull T155, both of…

Damen Shipyards Gorinchem has won a contract from the Dutch shipowner, Jumbo Navigation for a state-of-the-art heavy-lift vessel with an option for a second vessel. These will be similar to the two…

Eidesvik Offshore ASA and the Houston-based Veritas' Viking Maritime Inc., subsidiary have entered into an agreement to charter a seismic research vessel which is to be newly constructed. The time charter is…

Hyundai Heavy Industries (HHI) has reached a preliminary agreement to buy a stake in China's Qinhuangdao Shouqin Metal Materials. Qinhuangdao Shouqin is a steel making unit jointly owned by China's Shougang Concord…

Hyundai Mipo Dockyard in South Korea clinched four 37,000DWT and four 47,000DWT product carriers from Turkish shipping company Geden Line. Total contract price is $349 million. They will be delivered by November…